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Why Impinj Stock Soared This Week


Shares of Impinj (NASDAQ: PI) were soaring this week after the maker of radio-frequency ID (RFID) chips and related tracking systems posted better-than-expected results in its third-quarter earnings report. The results also reassured investors after the company posted disappointing numbers earlier in the year. 

According to data from S&P Global Market Intelligence, the stock was up 31.7% for the week through 2:10 p.m. ET on Thursday.

Image source: Getty Images.

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Source Fool.com

Impinj Inc Stock

€156.00
-2.190%
We can see a decrease in the price for Impinj Inc. Compared to yesterday it has lost -€3.500 (-2.190%).
With 18 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
On the other hand, the target price of 150 € is below the current price of 156.0 € for Impinj Inc, so the potential is actually -3.85%.
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